Which of the Following Phases of the Systems Life Cycle

question 12

Multiple Choice

Which of the following phases of the systems life cycle is considered to be an ongoing activity?

• A) Systems development
• B) Systems analysis
• C) Systems design
• D) Systems maintenance

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Definitions:

APR

Annual Percentage Rate, a measure used to compare the annual cost of borrowing or the annual yield from an investment, including interest and fees.

Quoted Loan Rates

The interest rates that banks or other lenders advertise as available to borrowers.

Competitive

Characterized by the existence of competition; striving to gain or win something by defeating or establishing superiority over others.

Compounded Continuously

The mathematical limit that investment interest can grow to when it is compounded infinitesimally.